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May 09, 2024
Minister says chip subsidy a ‘tall order’
...es including chips, secondary batteries, biopharmaceuticals and displays. Chip subsidy programs are widespread among chip powerhouses, but Korea, home to the world’s two largest memory chipmakers Samsung Electronics and SK hynix, faces opposition that it is unfair to offer l...
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May 07, 2024
Will China's self-sufficient dream in HBM come true?
...onent in graphic processing units. With the backing of the government, the consortium led by Huawei aims to produce HBM2 by 2026. Industry sources in Korea, home to top HBM suppliers SK hynix and Samsung Electronics, believe it would be difficult for the Chinese firms to catc...
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May 07, 2024
[KH Explains] Can tech firms' AI alliances take on Nvidia?
...e forming rival alliances. Intel has put together partnerships with Korean tech firms including Samsung, Naver and Korea Advanced Institute of Science and Technology. IT giant Naver, which also has ...chool of Management of Technology, also pointed out that it is inevitable for second...
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May 06, 2024
Samsung mocks Apple over iPhone alarm glitch
Korean tech giant Samsung Electronics made a mockery of its rival Apple on social media last week, after some iPhone users came forward complaining that their alarms had failed to go off. In a post on Instagram, Samsung UK shared a dog meme alongside text that reads "...
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May 02, 2024
'Our HBM chips are sold out until 2025': SK hynix CEO
... Chinese market. And for data centers, we have our NAND flash chip affiliate Solidigm, so we expect to create synergy to effectively target the Chinese market." SK hynix, the world's second-largest chipmaker, is the HBM leader with 50 percent market share, followed by crosstown rival Samsun...
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May 02, 2024
KCCI chief renews will to play bigger role in boosting economic diplomacy
...rade, Industry and Energy Ahn Duk-geun. From business circles were Google Korea Country Director Kim Kyoung-hoon, Qualcomm APAC President Kwon Oh-hyung, Hyosung Group Vice Chairman Cho Hyun-sang, Samsung Electronics President Kim Won-kyong of the global public affairs office ...
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April 30, 2024
Samsung chip business back on track, logs W1.9tr operating profit in Q1
After logging losses for five consecutive quarters, Samsung Electronics' chip business returned to the black in the first quarter this year, thanks to rising demand for high-end chips and a surge in ...first wearable device Galaxy Ring. Samsung Display, the display ma...
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April 29, 2024
Intel CEO to visit Seoul in June
...ke a separate announcement on the stage that day. While Intel is set to send out invitations for the event to its partners as early as next week, tech executives from Korean tech giants including Samsung Electronics and Naver will also attend the conference as speakers. But ...
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April 29, 2024
Samsung chief bolsters ties with Germany’s Zeiss
Samsung Electronics Chairman Lee Jae-yong met with top executives of German optics manufacturer Zeiss, a crucial partner for the Korean tech giant's push to lead the burgeoning market for artificial intelligence chips, during his recent trip to Europe. According to Samsung...
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April 26, 2024
Samsung mobile chief, Google device head meet in Seoul
Samsung Electronics President and mobile business chief Roh Tae-moon and Google Senior Vice President Rick Osterloh, who oversees the company’s platforms and devices team, met in Seoul on Thursday and discussed ways to strengthen their partnership on artificial intelligence. A...
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April 24, 2024
Korean investment in US almost doubles from pre-pandemic: report
...published by the Korea Chamber of Commerce and Industry, the total Korean investment in the US stood at $27.7 billion last year, up 75 percent from $15.8 billion in 2019. Large conglomerates like Samsung Electronics, SK hynix and Hyundai Motor have built or plan to establish ...
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April 24, 2024
Korean robot startup aims to transform human walking
... WIM units and achieve sales of 3 billion won, and then increase the sales volume to 10,000 units next year. WIRobotics was established in June 2021 with four employees -- all former engineers at Samsung Electronics. The startup now has 23 employees and has received 17.6 bill...
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April 23, 2024
[Exclusive] Korean military set to ban iPhones over 'security' concerns
...oss the nation. The devices set to be prohibited encompass all types of smartwatches and wearable devices as well. The sources, however, claimed that Android-based smartphones, mostly those from Samsung Electronics, will be exempted from the ban, while the document explicitl...
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April 22, 2024
Samsung, SK hynix investors dump shares on Nvidia crash
Investors of the two Korean chip makers – Samsung Electronics and SK hynix -- dumped their shares Monday after Nvidia, the US chip giant, lost almost 10 percent Friday -- its worst day since March 2020. Market heavyweight Samsung Electronics and its chip ri...
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April 22, 2024
[KH Explains] Will 6-day workweek for executives help Samsung avert crisis?
Doubts have been raised over Samsung Group’s latest decision to make the executives of its key tech affiliates -- Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Display -- work an extra day per week as part of the group's emerg...
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April 19, 2024
Seoul shares rattled by Israeli attack on Iran; Kospi dips to nearly 11-week low
... later in the day, closing at 841.91, down 1.61 percent from the previous day's close. Most of the big-cap stocks, particularly in the semiconductor sector, registered declines. Market bellwether Samsung Electronics saw a 2.51 percent decrease, while No. 2 chipmaker SK hynix ...
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April 19, 2024
SK hynix joins with TSMC to produce High Bandwidth Memory 4
...components for speeding up the AI process, supporting AI processors such as GPUs. SK hynix is currently dominating the burgeoning HBM market, taking some 50 percent of the market share. Runner-up Samsung Electronics chases SK with a close margin while US-based Micron Technolo...
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April 18, 2024
Samsung C&T president makes her first business trip to Milan
Samsung C&T President Lee Seo-hyun, the younger sister of Samsung Electronics Chairman Lee Jae-yong, visited Italy on her first business trip after her recent comeback to a management role in the company, according to industry sources, Thursday. Lee reportedly visited...
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April 18, 2024
SK hynix chief underscores chip cooperation between Korea, US
...o the US follows the company's recent announcement to build an advanced chip packaging plant in West Lafayette, Indiana, where Purdue is located. The world's second-largest memory chip maker after Samsung Electronics said it will make a $3.87 billion investment to build an adv...
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April 17, 2024
Samsung CEO bets big on connectivity to take on Apple
Samsung Electronics Vice Chairman and co-CEO Han Jong-hee said its home appliance division, backed by enhanced connectivity with mobile devices, will enjoy its heyday in the second half of this year, showing confidence in the competition with its powerful rival Apple. “We may ...
November 25, 2024
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